Oskarshamn, Sweden, September 9, 2015 – Alcad has won the largest single contract in its history to supply the battery backup systems for the ZADCO (Abu Dhabi Zakum Development Company) UZ750 offshore oilfield project in the United Arab Emirates (UAE).
This ground breaking project is using land based technology deployed on artificial islands to boost the output of the world’s second largest offshore oil field. In the contract, worth several million Euros, Alcad is delivering battery systems comprising over 15,000 of its Vantex nickel-based cells, to provide up to 72 hours of backup power for critical control and safety systems and accommodation units on the new facility.
The Upper Zakum Oilfield, located approximately 84 km offshore from Abu Dhabi, has an estimated 50 billion barrels of oil reserves, making it the fourth largest oilfield in the world, and currently produces 500,000 barrels of oil a day (bpd). Upper Zakum is operated by ZADCO, a joint venture comprising of ADNOC (60 percent), ExxonMobil (28 percent) and Japan Oil Development Company (Jodco, 12 percent).